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Betty DeRose is going to deposit $2,800 into a savings account at the beginning of every six months for the next ten years. Assume the

Betty DeRose is going to deposit $2,800 into a savings account at the beginning of every six months for the next ten years. Assume the account will earn 20% interest compounded semi-annually. Calculate the amount of interest Betty DeRose will earn over the ten year period. Use the time value of money factors to answer this question.

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